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Ryder's Corporate HQ Sells at Loss
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Ryder's Corporate HQ Sells at Loss
The Ryder Colonnade office building in Coral Gables was sold for $70.4 million. The South Florida Business Journal reports the Colonnade office last traded for $81 million in 2013. Ryder moved into the building in 2023. AEW Capital Management sold the 206,812-square-foot office at 2333 Ponce De Leon Blvd. and 169 Coral Way to Crescent Real Estate. Rialto Capital Management provided a $67.86 million mortgage to the buyer. CBRE’s Christian Lee and…
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